I respect so many people here so I have to ask. What will the next year bring

[redstatebluegirl]

in terms of the economy. So many people we know, and most of them work in education, are terrified. They feel education and research will take a serious hit. They also see interest rates rising to the levels of RR administration. We can't survive that honestly.

Lots of people we know are taking care of elderly parents, or helping new grads get on their feet.

What do you guys see realistically?

[Loge23]

1. Not looking too good

It's pure speculation of course, since no one can accurately predict pretty much anything after Brexit and the coup in the US.
But, why not?!
I see the Office of the President in transition sometime within the year with the current occupant out.
-The stock market bubble will burst resulting a fairly robust correction, perhaps as many as 5,000 pts. down in late summer/early fall.
-Interest rate will rise, with mortgage loans back over 5%.
-There will be significant public blow-back to the republican plans and/or fiscal tomfoolery, including significant social cuts to education, health and human services, and recalculating of Medicare and SS benefits affecting post-boomer gens.
-Increasing social unrest will unleash new constraints on public protest, only aggravating the situation.
-We will see a burgeoning interest in politics from many heretofore "silent" demographic groups, building towards a record turnout for the mid-terms in 2018.
-The government will attempt, unsuccessfully, to ban legalized marijuana. The issue will end up in the Supreme Court.
-People relocating out of the USA will become a "thing" spotlighted on news programs and in print media.

[redstatebluegirl]

2. This is what we determined last night at a meeting I attended of Progressives.

[struggle4progress]

3. Sixteen tons